. An increase in revenue from sales amount THB 96.6 MB, equivalent to 56.0% of total revenue from sales. The company has a higher gross margin comparing to the same period from 12.3% to 15.4% because the

, the Company can manage effectively of product merchandising for high margin items. The Company also gain reliability from ZIGA and DAIWA brand for their standard and recognition. ZIGA and DAIWA has

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

increased emphasis on leadership development are the key strategic priorities for the group. 4Q19 IVL Performance Summary IVL reported 2.9 MT of production volume in 4Q19 (-8ppt. organic and +10ppt. inorganic

the U.S. In addition, production of PTA in Asia increased by 7% year-on-year with higher operating rate on the back of margin recovery in the region. Overall Feedstock gains in 2Q18 and 1H18 were

Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment

206.0 million of which 5.7% increased from Year 2017 or in Baht 11.1 million due to increasing of price of fattening pig in Q4/2017 about 27%. page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM

price raising of fattening pig from the previous year. Page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM) in 2019 was Baht 752.2 Million, decreased from 2018 by Baht 13.2 Million, or 1.7%, GPM

gross profit was 11.21 million Baht which had a gross profit margin of 28-69Yo, decreasing from the period of previous year which had a gross profit margin of 29.OOo/o. This decrease was mainly from